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March 24, 2009 - Several stock investors are wondering why so many Americans are beginning to invest in gold bullion, and the answer is simple, the metal has the potential to outperform most other financial markets during 2009, which could mean a lot of room for growth. Several of the latest short and long-term projections are saying that the metal could reach $1200 per ounce by the end of the year, and some are even predicting $2000 per ounce. How can this type of movement be seen in the market? Central banks are planning on spending trillions of dollars in order to prevent further recessionary problems and even an economic collapse, and the long-term effects of these actions could be hyperinflation, which in turn has proven to be very beneficial for precious metals. The last time the United States experienced a similar financial crisis was around the 1970-1980’s, when the lucky few who decided to invest in gold bullion saw a 1000% increase in value. Can this be seen again in the next few years?

Today, spot prices are at another decline for the third trading session in a row, yet bargain-hunting investors could take this opportunity and run with it by deciding to invest in gold bullion bars and coins, and even certified investment-grade rare coins because the spot price currently sits at $923.80 per ounce, falling $14.40 for the day yet still increasing $9.40 for the year. Whatever the future has in store for investors worldwide, precious metals have a solid chance of becoming one of the best investments to own in the long term.

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Arthur McGuire

Senior Staff Writer –-Investment.info